A quick post , I think Gold is now nearing the buy zone, the daily chart for both the ETF's GLD and GDX are nearing oversold and the RSI ( relative strength) is still good.
Also as the US$ rallies , gold has not sold off like it used to before. That alone shows a great change in character .
I am not buying yet but getting ready to buy some calls on either GLD or GDX or both.
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